Question

"Keeping track of securities owners for payment of interest or dividends is usually done by the company's"1. Treasure2. Broker3. Transfer Agent4. Register

Answer 1

Answer:

The correct answer is 3

Explanation:

Transfer agent is the one who plays an important or vital role among the investor and the registrar of the company or business. They are those who closely maintain the account balances of the investor and make sure that the shareholders receive the dividends payment in the timely way.

So, the transfer agents of the company, keep or maintain the track of the securities owners for the payment of dividends or interest.